Bright 3 bedroom Villa for sale in Vila Nova de Gaia, Porto, Northern Portugal

850,000 EUR 731,000 GBP 918,000 USD

Reference: 244671

Bedrooms: 3
Bathrooms: 3
Floor Size: 285 m2
Plot Size: 527 m2

Features

Terrace
Garden
Private Pool
Pool View
Parking
Walk to Beach
Walk to Amenities
Contemporary Style
Good Condition

Details

Located in a picturesque residential area in Miramar, Vila Nova de Gaia, this magnificent 3 bedroom villa offers a unique opportunity to live life in total comfort and style, just a short distance from the coast.

With a living area of 285m2, features include, on the ground floor: spacious and elegant entrance hall; stunning living room which has been carefully designed to create a warm and inviting atmosphere; bright dining room; kitchen which is conveniently positioned to maximise interaction and convenience; spacious pantry offers additional storage space and a guest bathroom.

First floor: 3 well-sized bedrooms, including the master bedroom, which is an elegant suite with an en-suite bathroom. The other 2 bedrooms share a full bathroom.

Outside: spacious and carefully designed patio, closed garage and a storage room. The front of the house is adorned with a landscaped patio, creating a sense of serenity and harmony with the surrounding nature.

Situated on the 2nd line from the sea, the location of this villa is one of its greatest advantages, offering a perfect combination of privacy and convenience.

Close to shops, services and the transport network, it enjoys excellent road access to the A44 and A1. 10 minutes from the centre of Vila Nova de Gaia, 20 minutes from the centre of Porto.

CHARACTERISTICS:
Plot Area: 527m2 | 5,673 sq ft
Deployment Area: 174m2 | 1,872 sq ft
Building Area: 285m2 | 3,067 sq ft
Bedrooms: 3
Bathrooms: 3
Garage: 1
Energy efficiency: D

FEATURES:
• 3 bedrooms
• 2 streets from the sea
• Swimming pool
• Patio

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Portugal Property Buying Guide

1. Signing a Letter of Intent

On finding a property you wish to purchase, your agent will draw up a 'Letter of Intent, this will be signed by both parties, vendor and buyer. Copies of this will be given to the legal representatives of both parties and will be used in preparing the Promissory Contract. Included in this letter will be the price, what is included in the sale, furnishings etc. and any conditions of the sale plus the dates for both exchange and completion.

2. Exchange of Promissary Contract (Contrato Promessa de Compra e Venda)

The buyers lawyers are responsible for drawing up the promissory contract (Contrato Promessa de Compra e Venda) and as part of the process they will have carried out the legal searches and made sure that there are no charges, e.g. utilities, property tax etc. against the property. The contract will contain details of both parties and include clear title of ownership, when payments are due to be made, the completion date and an inventory, if required. The Promissory Contract is legally binding and will generally be signed by both parties and witnessed by a notary/lawyer. The contract will include penalty clauses in case either party does not fulfill the terms of the contract. A 10%, non-refundable deposit is required at this point, this will be paid to the vendor, through the lawyer's client account. Once the contract has been signed, if the vendor pulls out of the contract, they will be obliged to pay back double the deposit to the purchaser. If the purchaser pulls out, they will lose their deposit.

3. On Completion

The amount of time between signing the Promissary Contract and Completion will vary and will have been agreed in the contract. Before Completion your lawyer will need to arrange with a fiscal representative for you to obtain a Portuguese Fiscal Number. The official Deed of Transfer of ownership (the Escritura) will be signed by you (or someone representing you with your Power of Attorney), this is signed at the Notary and they will retain the document. The Deed will be read aloud by the Notary before all participants sign it. Your lawyer will need to check to ensure that you understand what is being said if you do not understand Portugese. The Escritura, once it has been signed, will officially give you ownership of the property, but will still need to be registered in your name on the Land Registry (Registo Predial) by your lawyer. Your lawyer should obtain a copy of this for your records. Once you have completed, the new utility contracts can be transferred into your name by your lawyer.